Professional Portfolio Management Service
Affordable high quality asset management. Available to all. No minimum.
“In late 2019, Anglia Advisors was approved to offer Dimensional Fund Advisors (DFA) investments to clients using our existing investment platform. To me, this represented a major milestone in the evolution of the firm. I have always been proud of the quality of the many investment resources made available to our clients, but with Anglia Advisors now able to offer DFA investments in managed portfolios on that very same platform that can also now offer integrated no-fee Checking and High Yield Savings accounts, I truly believe that our savings, investment and retirement planning service has now moved to a whole new level.” - Simon Brady, CFP®, founder and principal of Anglia Advisors.
Wall Street has devised a multitude of ways to part you from your money and has sent out an army of transactional, commission-compensated financial advisors out there to sell its products and they are making themselves rich in the process at the expense of their clients. Finally, you don’t need to put up with this .. professional fiduciary money management is now available to everybody at an affordable price and with no minimum investment level required, through Anglia Advisors.
Experience high quality, low-cost, tax-optimized evidence-based discretionary professional investment management by a Wall Street-experienced, fiduciary CERTIFIED FINANCIAL PLANNER™ investment professional, all the way from analysis of your existing investments, to asset allocation and portfolio construction, to ongoing management and monitoring. Our Professional Portfolio Management service is available as:
i) an optional addition to our Per Hour or Monthly Membership plans, or
ii) an optional service added following an Hourly-Based Session or Foreign National Consultation, or
iii) available as a stand-alone asset management service, with no financial planning involved.
In all cases, the client’s particular circumstances, risk tolerance/capacity (as measured by our personalized proprietary Anglia Risk Score), time horizon and financial goals are taken into account in association with the Anglia Advisors' Core Investment Policy.
High Yield Savings and Checking .. a high yield savings account (“Cash Reserve” account) is integrated into our investment platform, ensuring a true and complete savings and investment experience where cash holdings will earn rates of return of up to 5-10x those offered by traditional savings accounts at banks, with no minimum balance or any other conditions required to access the higher interest rate. In addition, an optional zero-fee checking account that rebates all ATM and foreign transaction fees and provides a debit card is also available. No fees of any kind are ever charged on cash holdings in the Cash Reserve account or money held in the platform checking account.
DIMENSIONAL FUND ADVISORS (DFA) .. We are proud and honored that our firm has now been officially approved by DFA to offer their funds to our clients in their managed portfolios. These funds are based on a historically highly successful, unique and rules-based methodology. For more details about DFA funds and how they fit into an Anglia Advisors managed portfolio, see The Dimensional Difference. In order for investment management firms to be approved by DFA to offer their funds to clients, they must pass an interview and education process. An approved firm is not required to exclusively offer only Dimensional funds but is, however, expected to generally run its business in accordance with the broad philosophy of market efficiency, rationality, an evidence-based decision making process, a long-term market view, and a strong emphasis on the use of low-cost diversified funds rather than any individual stocks or bonds. This just happens to be exactly what our investment strategy looks like.
You can see more detail about Dimensional Fund Advisors investments at: https://us.dimensional.com/
Investment accounts held under our management are managed as discretionary accounts, meaning that the advisor is able to “take the wheel” in terms of determining asset allocations, portfolio construction, making investments and trades within the account(s), rebalancing, generating contributions, setting contribution size and frequency, tactically adjusting the holdings etc. using discretionary access to the account granted to the advisor by the client. Any actions taken by the advisor in the account are always reported to you by email. The advisor is not able to make any changes to the client profile (editing names, addresses etc.) with this discretion.
Management fees are directly tied to account balances as a percentage of assets managed and are reduced on a “per-dollar” basis periodically as balances grow (see Features and Pricing below). They are paid on a quarterly basis by means of direct deduction from the accounts. Assets held in the platform’s integrated High Yield Savings or Checking accounts do not count towards billable assets.
While this platform is ideal for younger professionals in their 20s, 30s and early 40s in prime wealth accumulation mode, it is also the perfect investment option for fee-conscious individuals of any age or families at any generational stage with significant investable assets. We provide highly cost-effective, evidence-based, tax-conscious, understandable yet extremely compelling investment management with full fee-transparency and without any of the unnecessary and expensive injections of product complexity and commission-generating, conflicted security selection and excessive trading in search of transactional income offered by most investment advisors.
Our platform uses the latest in financial technology, an intuitive client dashboard, simple one-time deposits and withdrawals, recurring auto-deposit capability for multiple frequencies and including an award-winning mobile app. Return-enhancing and risk-control features such as automated smart rebalancing, tax minimization algorithm, tax impact preview, automated tax harvesting and automated tax co-ordinated asset location are included for no additional charge. A variety of portfolio styles are available; growth-tilted, value tilted, smart beta, Socially Responsible Investing/ESG, internationally focused etc.
Other advisors who work at the brokerage houses, banks, credit unions and insurance companies are not fiduciaries at all times and are incentivized to get you invested in as many of the particular products that pay them the highest commission as possible, regardless of the appropriateness of these products for your individual goals, needs and risk capacity. These advisors can be a potentially real danger to the wealth and financial well-being of all the investors they work with.
”Compounding is no doubt the biggest factor in growing your portfolios, but none of it matters if you don’t get started” - Howard Lindzon
Note: certain clients may not be eligible to use the platform due to internal employer policies, US residency status, required account type, concentrated stock positions or other reasons. Such clients have the option of making use of an informal partnership between Anglia Advisors and Charles Schwab for a fast-track, concierge-style account opening process if needed.
PROFESSIONAL PORTFOLIO MANAGEMENT SERVICE FEATURES
Full discretionary asset allocation, portfolio construction, asset management and rebalancing by an experienced CFP® professional investment manager
Direct discretionary management of taxable brokerage accounts, Traditional IRAs, Roth IRAs, SEP-IRAs, Inherited IRAs, trust accounts etc.
Ongoing direct access to your CERTIFIED FINANCIAL PLANNER™ portfolio manager to discuss all your managed investments, including by means of an encrypted, archived text messaging system available to send secure private messages and instructions
No minimum investment requirement, fees charged as a percentage of assets managed, with break points for larger balances
Available as an addition to any of our financial planning services or as a standalone service with no financial planning services required
Unlimited multiple different goals with associated appropriate and customized asset allocations recommended for each goal
Integrated High Yield Savings account to ensure that cash positions earn up to 5-10x the rate of return of traditional bank savings accounts. No fees are ever charged on this balance.
Integrated checking account with worldwide zero cost ATM fees. No fees are ever charged on this balance.
As an approved DIMENSIONAL FUNDS ADVISORS (DFA) advisor, we can offer all DFA funds within our managed portfolios
A mobile app that can become the hub of your financial life
Zero platform or account maintenance fees
Zero transaction fees
Zero-cost daily rebalancing, both at a portfolio level (for all portfolios) and at a security level (for DFA portfolios only)
Zero-cost automated recurring contributions
Tax optimized automated sales-lot selection
Available Socially Responsible Investing (SRI)/Environmental, Social and Governance (ESG) low-cost portfolios
Available Factor-Based ("Smart Beta") portfolios
Fractional share purchases and sales to ensure easy and effective dollar-cost-averaging and less cash drag on the portfolio
Charitable donation optimization
Personalized proprietary Anglia Risk Score
Fully paperless electronic onboarding, performance data and document management system
Electronically-delivered tax forms that can be simply downloaded and sent to a tax preparer or imported directly into Turbo Tax, H&R Block or TaxACT software
Fiduciary management and best interest obligation at all times
Available concierge-style onboarding with Charles Schwab if our platform is unavailable or not advised due to your circumstances
PRICING
Maximum annual Professional Portfolio Management fees as a % of managed assets:
This schedule shows the maximum annual asset management fee rates, the Firm may from time to time choose to reduce these rates in certain circumstances, including for those clients who are simultaneously enrolled in the Monthly Membership plan. These management fees apply to the aggregate of all household assets managed in investment accounts of all types (brokerage accounts, Traditional IRAs, Roth IRAs, SEP IRAs etc. etc.) for up to the two allowable members of a household.
The calculation of billable assets managed does NOT include any funds held in the platform’s integrated Cash Reserve or Checking accounts. There are no asset management fees, or fees of any other kind, associated with these accounts. They are free accounts. The fees only apply to assets held in investment accounts.
Allocations and investments are made in accordance with the firm’s Core Investment Policy Statement and following exploration with the client concerning their circumstances, goals, objectives, concerns, anticipated lifestyle changes, time horizons, family dynamics and other relevant information.
Management fees are shown above in percent of assets managed in investment accounts on an annualized basis. Appropriately pro-rated fees are assessed to the clients quarterly by means of direct deduction from the account balance. When total billable assets move above the established break points shown in the table above, it is the excess above the break point (not the entire amount) that is then billed at the lower rate until the next break point is hit at which time any excess over that break point is billed at the now-lower rate, and so on ..
The managed investment assets of couples living in the same household (i.e., sharing the same primary address) can be aggregated for the purposes of achieving these break points more quickly. Initial quarterly billing will be pro-rata, depending upon at which point in the quarterly cycle that the asset management began.
Clients are responsible for any annual expense ratio costs associated with the individual funds held within the account.